Admissions

Lesley works closely with clients, as well as her corporate colleagues, to understand clients' business objectives and help ensure that transactions are structured tax-efficiently. She provides counsel on a variety of transactional tax matters, including corporate, partnership, and individual tax issues arising at the federal, state, and international levels, and she advises clients in connection with mergers and acquisitions, joint ventures, fund formation, and the various tax issues specific to startup businesses. Lesley also has extensive experience in various other tax matters, such as cross-border transactions, blockchain transactions, private foundation excise tax issues, derivative transactions, and FATCA compliance.

In addition, Lesley prepares economic and tax provisions for complex partnership and limited liability company agreements. She routinely reviews and drafts tax representations and indemnities for stock and asset purchase agreements, as well as disclosures for investment fund offering documents.

Prior to joining the firm, Lesley was an associate at Winston & Strawn, where she focused on tax planning matters for high-net-worth individuals, multinational corporations, and investment funds. During law school, Lesley provided pro bono legal services through Fordham University School of Law's Tax and Consumer Litigation Clinic, where she represented clients in consumer transaction and tax controversy matters.

EXPERIENCE

Representing FTP Power LLC (sPower), the largest independent owner, operator, and developer of utility-scale solar assets in the United States, in its $2.1 billion pending sale to affiliates of The AES Corporation and Alberta Investment Management Corporation by Fir Tree Partners and sPower's minority owners.

Represented The Estée Lauder Companies Inc., one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance, and hair care products, in its $1.45 billion acquisition of Too Faced, one of the fastest-growing makeup brands in the specialty-multi and online categories.

Represented Vesey Street Capital Partners (VSCP), as part of the recapitalization of HealthChannels, the parent company of ScribeAmerica. VSCP, a strategic private equity firm dedicated to health care services investments, led the recapitalization alongside HealthChannels’ management team.

Represented TRANZACT, the leading provider of direct-to-consumer sales and marketing solutions for insurance carriers in the United States, in its sale to private equity fund Clayton Dubilier & Rice.

Represented 160over90, a national branding and creative services agency, in the sale of a majority stake to Searchlight Capital Partners, a private equity firm.

Represented The Estée Lauder Companies Inc. in its acquisition of By Kilian, a Paris-based prestige fragrance brand.

Represented System One Holdings, LLC’s management team, a leading professional staffing company focused on the nuclear wind and solar industries, in connection with Thomas H. Lee Partners L.P.’s investment in System One.

Represented Fir Tree Inc. and its affiliated funds as the majority stockholder of CiG Wireless Corp. (OTCBB: CIGW) in connection with the $150 million merger between CiG Wireless and Vertical Bridge Holdings LLC.

Represented Indorama Ventures Public Company Limited in its acquisition from BP Amoco Chemical Company of a 1,000-acre manufacturing facility located in Decatur, Alabama, which produces one million metric tons of annual purified terephthalic acid capacity and 732,000 metric tons of paraxylene capacity.

Represented Celimmune LLC, a clinical development-stage immunotherapy company focused on treating and preventing autoimmune diseases, in connection with its licensing of a Phase 2-stage, anti-IL-15 monoclonal antibody (AMG 714) from Amgen (Nasdaq: AMGN).

Represented The Estée Lauder Companies Inc. in its acquisition of GLAMGLOW, a Hollywood skin care brand.

Represented The Estée Lauder Companies Inc. in its acquisition of Editions de Parfums Frédéric Malle, the storied fragrance brand established by the iconic perfumer Frédéric Malle.

Represented The Estée Lauder Companies Inc. in its acquisition of Le Labo, the high-end fragrance and sensory lifestyle brand with a distinct French heritage and an emphasis on fine craftsmanship and personalization.

PRESS MENTIONS

November 9; November 18, 2018

The New York Times and the Herald-Tribune quote Lesley P. Adamoin an article discussing new tax incentives for taxpayers that invest in opportunity zones. The incentives include a deferred tax on capital gains that are used for investment in the opportunity zone and possibly even some tax-free gains from that investment. Adamo notes that tax lawyers should be careful on how they advise their clients considering that this is a new area of investment and that there is a lack of clarity on how the final regulations will look. (subscription required to access certain content)